Posted By: Anonymous
Estate Account-- Closure - 01/15/21 10:09 PM
We are in the process of closing out the estate account due to misuse of the account by the personal representative.
I think we should just cut a check to the estate and send a letter, directing the estate to take the account elsewhere.
My fear is that the fiduciary will want the check made payable to herself. I don't think we need to comply with such a demand, but I am unsure.
We don't know if the fiduciary is the sole beneficiary of the estate as it is not our policy to review wills to determine the beneficiaries.
I think we should just cut a check to the estate and send a letter, directing the estate to take the account elsewhere.
My fear is that the fiduciary will want the check made payable to herself. I don't think we need to comply with such a demand, but I am unsure.
We don't know if the fiduciary is the sole beneficiary of the estate as it is not our policy to review wills to determine the beneficiaries.